Commerce Split: Monthly Dividend Declared for Class I and Class II Preferred Shares


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


TORONTO, Dec. 20, 2017 (GLOBE NEWSWIRE) -- New Commerce Split (The "Company") declares its regular monthly distribution of $0.02500 per share ($0.30 annually), for Class I Preferred shareholders (YCM.PR.A), and $0.03125 per share ($0.375 annually) for Class II Preferred shareholders (YCM.PR.B). The Class I Preferred share dividends are paid at an annual rate of 6.00% based on the $5 repayment amount. Class II Preferred  share dividends are  paid at an annual rate  of 7.50% based on their $5  repayment amount. Distributions are payable January 10, 2018 to shareholders on record as at December 29, 2017.

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The Company invests in common shares of Canadian Imperial Bank of Commerce, a Canadian financial institution.

Distribution Details

Class I Preferred Share (YCM.PR.A)                           $0.02500
Class II Preferred Share (YCM.PR.B) $0.03125
Ex-Dividend Date: December 28, 2017
Record Date: December 29, 2017
Payable Date: January 10, 2018
   

Investor Relations: 1-877-478-2372
Local: 416-304-4443
www.commercesplit.com
info@quadravest.com


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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